Common use of REOC Status Clause in Contracts

REOC Status. Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. Section 2510.3-101 and shall at all times qualify as a

Appears in 1 contract

Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)

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REOC Status. Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. Section 2510.3-101 and shall at all times qualify as aa REOC. Borrower will provide any additional information reasonably requested by Administrative Agent to confirm Borrower’s REOC status.

Appears in 1 contract

Samples: Senior Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

REOC Status. Mortgage Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. Section 2510.3-101 and shall at all times qualify as aa REOC. Borrower will cause Mortgage Borrower provide any additional information reasonably requested by Administrative Agent to confirm Mortgage Borrower’s REOC status.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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REOC Status. Borrower is a “real estate operating company” (a “REOC”) as defined in the Department of Labor regulations, located at 29 C.F.R. 00 X.X.X. Section 2510.3-101 and shall at all times qualify as aa REOC. Borrower will provide any additional information reasonably requested by Administrative Agent to confirm Xxxxxxxx’s REOC status.

Appears in 1 contract

Samples: Senior Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

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